National Housing Trust Funds Now Available
25 Sep 2018
The application period remains open for the National Housing Trust Fund (HTF) program, the Nebraska Department of Economic Development (DED) announces.
Operated by the U.S. Department of Housing and Urban Development (HUD) and administered by DED on behalf of Nebraska, HTF is a federal program designed to help communities provide quality, affordable rental housing for extremely low-income and very-low income households, including homeless families.
HTF grants are eligible to non-profit 501(c)(3) or 501(c)(4) organizations and public housing authorities. Applications are due October 31, 2018.
Funding through HTF can be applied to projects that impact households at or below 30% of the area median income. Eligible activities include housing acquisition and rehabilitation to create rental housing for persons with extremely low incomes; rehabilitation or new construction of rental housing; adaptive re-use of buildings for rental housing; and operating cost assistance and reserves.